17 18 og and Study Tools er Offers 19. 20. 21. l Options 22 . se Success Tips 23. 24 50.4 er Success Tips 25 Cash and equivalents $ 36.0 $ 29.0 Accounts receivable 315.0 252.0 Inventories 416.0 378.0 Total current assets $ 767.0 $ 659.0 Net plant and equipment 5510 441.0 Total assets $1,318.0 $ 1,100.0 Liabilities and Equity Accounts payable $184.0 $ 147.0 Accruals 191.0 147.0 Notes payable 42.0 Total current liabilities $ 425.4 $ 336.0 Long-term bonds 420.0 Total liabilities $ 929.4 $ 756.0 Common stock 320.2 303.5 Retained earnings 40.5 Common equity $ 388.6 $ 344.0 Total liabilities and equity $1,318.0 $1,100.0 Write out your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest dolls Negative values, if any, should be indicated by a minus sign a. What was net operating working capital for 2018 and 20197 Assume the firm has no excess cash. 2018: 323 2019: $ 341.6 b. What was the 2019 free cash flow? 26. Feedback 5 C. How would you explain the large increase in 2019 dividends? 1. The large increase in net income from 2018 to 2019 explains the large increase in 2019 dividends. II. The large increase in EBIT from 2018 to 2019 explains the large increase in 2019 dividends. III. The large increase in sales from 2018 to 2019 explains the large increase in 2019 dividends. IV. The large increase in retained earnings from 2018 to 2019 explains the large increase in 2019 dividends. 17 18 og and Study Tools er Offers 19. 20. 21. l Options 22 . se Success Tips 23. 24 50.4 er Success Tips 25 Cash and equivalents $ 36.0 $ 29.0 Accounts receivable 315.0 252.0 Inventories 416.0 378.0 Total current assets $ 767.0 $ 659.0 Net plant and equipment 5510 441.0 Total assets $1,318.0 $ 1,100.0 Liabilities and Equity Accounts payable $184.0 $ 147.0 Accruals 191.0 147.0 Notes payable 42.0 Total current liabilities $ 425.4 $ 336.0 Long-term bonds 420.0 Total liabilities $ 929.4 $ 756.0 Common stock 320.2 303.5 Retained earnings 40.5 Common equity $ 388.6 $ 344.0 Total liabilities and equity $1,318.0 $1,100.0 Write out your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest dolls Negative values, if any, should be indicated by a minus sign a. What was net operating working capital for 2018 and 20197 Assume the firm has no excess cash. 2018: 323 2019: $ 341.6 b. What was the 2019 free cash flow? 26. Feedback 5 C. How would you explain the large increase in 2019 dividends? 1. The large increase in net income from 2018 to 2019 explains the large increase in 2019 dividends. II. The large increase in EBIT from 2018 to 2019 explains the large increase in 2019 dividends. III. The large increase in sales from 2018 to 2019 explains the large increase in 2019 dividends. IV. The large increase in retained earnings from 2018 to 2019 explains the large increase in 2019 dividends